AGI glaspac Invests in German tech for new furnace in Telangana plant

AGI's new furnace will cost INR 55 crores to produce 154 ton of premium flint and other colors

0
90
AGI glaspac
AGI glaspac plant in India

AGI glaspac, a leading global manufacturer of integrated container glass, announced its partnership with a German tech giant Horn Glass Industries AG, Germany. Both have joined hands to build a new furnace of 154 TPD AGI specialty glass division in India for its Bhongir plant in Telangana. The technology will cost INR 55 crores. It is a part of the recent investment raised by AGI glaspac from its parent company HSIL Limited, amounting to INR 220 crores.

The facility will comprise end-fired furnaces with six forehearths for production. With this new furnace’s setup, the company’s Bhongir plant will produce 154 tons of premium flint and other different colors. This high-quality specialty glass will cater to industries such as carbonated water, sparkling wine, pharmaceuticals, including vials and cosmetics, such as beauty products, perfumery, nail polish, and others.  

Rajesh Khosla speaks about AGI’s new furnace

AGI glasspac
Rajesh Khosla, president and chief executive officer of AGI glaspac

Rajesh Khosla, President & CEO of AGI glaspac, said, “Our investment in  German technology is aimed to strengthen our units to make products more efficiently out of India for global markets. We thrive by the make-in-India concept, and we mustn’t miss out on the incredible opportunities or technologies readily available. These technologies are to watch out for or invest in so that India’s products can compete efficiently. We are happy to have found the right technology partner in  Horn Glass Industries AG, Germany.”

Stephan Meindl, President & CEO, Horn Glass Industries AG, said, “India is an exciting market for our company, and we are happy to collaborate with a renowned brand like AGI glaspac to showcase our leading position in the global glass market. We are confident that with our technological support, AGI glaspac will be able to thrive by its make in India vision of manufacturing world-class level specialty glass very effectively.”

The furnace will be heated by PNG (Piped Natural Gas), with HFO backup firing. LPG will be the energy backup for the distributor and forehearths. Horn’s supply scope includes the refractory planning, combustion equipment, measuring and control, boosting, a new HVR 400 batch charger for the furnace, distributor, and forehearth, as well as other furnace equipment. The entire construction and commissioning will be managed by AGI glaspac and Horn Glass Industries AG, Germany.

As you join us today from India and elsewhere, we have a favour to ask. Through these times of ambiguity and challenge, the packaging industry in India and in most parts of the world has been fortunate. We are now read in more than 90 countries as our coverage widens and increases in impact. Our traffic as per analytics more than doubled in 2020 and many readers chose to support us financially even when advertising fell to pieces.

As we come out of the pandemic in the next few months, we hope to again expand our geography and evolve our high-impact reporting and authoritative and technical information, with some of the best correspondents in the industry. If there were ever a time to support us, it is now. You can power Packaging South Asia’s balanced industry journalism and help to sustain us by subscribing.

Subscribe Now

LEAVE A REPLY

Please enter your comment!
Please enter your name here